Aurora Cannabis Plans US Stock Listing in October

Aurora Cannabis Plans US Stock Listing in October

Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash

Constellation Brands Inc. (NYSE:STZ) Gives Canadian Cannabis Company Legitimacy and Cash $STZ, $CGC, $ACBFF Canopy Growth Corp.’s  (CGC) CEO, Bruce Linton expects 1 “Google-like company” to dominate the legal cannabis industry. Canopy’s transformative deal with Constellation Brands Inc. (NYSE:STZ) has given it legitimacy, clout and a cash hoard that has widened the gap with its competitors. […]

Bears Betting $2.1-B that a Marijuana ‘Bust’ is Coming

Bears Betting $2.1-B that a Marijuana ‘Bust’ is Coming

Bears Betting $2.1-B that a Marijuana ‘Bust’ is Coming $TWMJF, $ACBFF The total value of Short positions in global marijuana-related stocks has climbed to a record approaching $2.1-B, according an analyst at IHS Markit in Boston. Short sellers have increased their positions amid concern that the sector is overvalued, and it’s becoming easier to find […]

Investor Caution Urged, Future of Cannabis Industry Unclear

Investor Caution Urged, Future of Cannabis Industry Unclear

Investor Caution Urged, Future of Cannabis Industry Unclear $GWPH, $INSY, $ACBFF, $AXIM, $SLTK Looking for The Trump Administration to crack down on Recreational Marijuana The cannabis industry analysts urge caution, saying it is difficult to estimate how many marijuana businesses will be shuttered by the strict Law & Order Trump Administration DOJ as begins enforcing federal laws […]